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Türkiye's annual inflation hits 61.5% in September

Türkiye's annual inflation rate for September reached 61.53%, up from 58.94% in August, according to the country's statistical office. In comparison, the inflation rate stood at 83.45% in September 2022.

Anadolu Agency ECONOMY
Published October 03,2023
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Türkiye's annual inflation rate was 61.53% in September, up from 58.94% in August, the country's statistical office said on Tuesday. The rate was 83.45% in September 2022.

Lowest price changes were seen in housing with 20.16%, clothing and footwear 32.54%, and communication 46.59%, year-on-year in September, according to TurkStat.

Meanwhile, highest increases were posted by hotels, cafes, and restaurants with 92.48%, education 80.96%, and health 79.79%.

The monthly inflation rate was 4.75%, down from 9.09% in August.